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Closing Bell: Gear Energy Ltd up on Wednesday (GXE)

Automated Summaries - The Globe and Mail - Wed Jul 31, 4:02PM CDT

Gear Energy Ltd opened trading today at $0.71 and closed at $0.73. It traded at a low of $0.70 to a high of $0.73.

Share prices advanced 4.29 percent from the previous day's close of $0.70.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Gear Energy Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker GXE.

A total of 875,167 shares was traded during the session, with total trades of 186, with an average volume of 375,833 over 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, GXE.TO has traded as high as $0.91 (September 29,2023) and low as $0.60 (January 18,2024). Moreover, in the last 52 weeks, Gear Energy Ltd's shares have dipped -17.05 percent, while in 2024, they have boosted 14.06%.

It announced a 0.01 dividend on July 02/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Gear Energy Ltd has a market capitalization of $184.37 million on a float of 263,385 shares outstanding. Its annual EPS is $0.03.

Gear Energy Ltd is a None company headquartered in Calgary, CAN.

Currently, Gear Energy Ltd has an average recommendation of "Strong Buy" based on 1.00 analysts according to Zacks. From those 1 analysts, 1 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..